Experts predict: BASF balance sheet with a decline in profits

Experts predict: BASF balance sheet with a decline in profits

BASF will publish the figures for the quarter ended March 31, 2024 at the trimonthly financial conference on April 25, 2024. Experts forecast earnings per share of an average of EUR 1.31 for the last quarter, which corresponds to a decrease of 32.12 percent compared to the same quarter of the previous year, in which EUR 1.93 per share was recorded. BASF is expected to record a 5.17 percent increase in sales for the past quarter in March compared to the same period last year, with average sales of EUR 18.40 billion, compared to EUR 17.50 billion in the same quarter last year.

For the current fiscal year, forecast earnings per share of EUR 3.53 are expected, compared to EUR 0.250 in the previous year. In terms of sales, a total of EUR 69.99 billion is forecast to be generated in the current fiscal year, compared to EUR 68.90 billion in the previous year. Financial analysts therefore have different expectations for BASF's performance in the next quarter and this fiscal year.

Please note that the stated data is based on previous forecasts and historical data and that actual results may differ from the forecast figures. Investors and analysts will therefore eagerly await BASF's official balance sheet to gain accurate insight into the company's financial performance. The upcoming publication of quarterly figures will certainly have an impact on BASF's share price and investor confidence.